Philadelphia, Miami and Seattle named Major Players for Global Trade

20 global metropolises have been named to become “major players in the network for global trade” according to a report from real-estate brokerage CBRE Inc. Among the list of global logistic hubs are U.S cities Philadelphia, Miami and Seattle.

Logistic hubs benefit from pro-trade policies, infrastructure investment and direct connections to both growing populations of consumers and manufacturing centers, said CBRE’s head of U.S. industrial research, David Egan. “They’re places where cargo and people come together.”

The Eastern Pennsylvania region containing Philadelphia has access to a large amount of people within only a few hours of travel. According to Egan, proximity to population centers is increasingly important in an economy where more consumers are buying goods online and seeing their orders filled and shipped from warehouses.

Miami is now an entry point for goods headed to manufacturing centers across the Southeast and to growing cities because of the investments in a deeper seaport and expanded transportation infrastructure, CBRE said.

Seattle has a large port as well as a “mature and sophisticated technology and tech manufacturing economy,” that connects global markets to the local region.

These three US cities contain major ports, major transportation hubs, major consumption and major manufacturing. They have the right mix of port and transportation infrastructure, population and connection to growing economic sectors to join the list with Amsterdam, Berlin, Busan, China, South Korea and Suzhou, also named in the report.

Philadelphia, Miami and Seattle named Major Players for Global Trade